Is it profitable to do Airbnb in South Norfolk, United Kingdom?
What is the occupancy rate of Airbnb in South Norfolk, United Kingdom?
What is the average daily rate of Airbnb in South Norfolk, United Kingdom?
The United Kingdom / South Norfolk
South Norfolk, Airbnb Market Statistics & Data, United Kingdom
A typical short-term rental listing in South Norfolk is booked for 219 nights a year, with a median occupancy rate of 60% and an average daily rate of £99. In 2023, a typical host income (annual revenue) was £20K. As of 12th September, 2024, there are 548 active Airbnb listings.
Average Revenue: £20K/yr
Occupancy Rate
60%
Avg Daily Rate
£99
Mid Scale
No. of Listings
705
Small
YoY Revenue Change
7.25%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,226
Average
£1,743
High
£2,371
Is Airbnb Profitable in South Norfolk?
Yes, there is good short-term rental demand. A 60% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in South Norfolk
Short-term rental regulation is lenient in South Norfolk. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in South Norfolk
A typical listing recorded a 60% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 8.72% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 60%
548 Active Listings
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Explore South Norfolk's Airbnb Data ⟶
Best Areas in South Norfolk for Airbnb
Are you wondering where to invest in South Norfolk? Look no further!
- Norwich Cathedral
- Bressingham Steam & Gardens
- Thetford Forest Park
- Sainsbury Centre for Visual Arts
- Norwich Castle
- Great Yarmouth Beach
- Holkham National Nature Reserve
- Sandringham House
- Norwich Market
- BeWILDerwood
Top demand Airbnb in South Norfolk
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 548 listings.
See 548 listing Statistics
Professional Short-term rental property managers in South Norfolk
We've compiled a list of host profiles that manage the most Airbnb properties in South Norfolk. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in South Norfolk
Here is a breakdown of short-let properties in South Norfolk. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type